For Creative Strategies’ consumer technology analyst Carolina Milanesi, this holiday sales season looks like another blockbuster.

Technologies that were considered moonshots only a few years ago — like virtual reality, video game consoles combined with 4K resolution, or smart speakers connecting other devices inside a home — are now in stock at affordable prices. Milanesi expects the new Xbox One X console, the full gamut of 4K televisions and smart home speakers from Amazon, Google and Sonos to fare well this holiday season.

But Apple’s new golden goose, the iPhone X, may also eat into consumers’ wallets this holiday season. With a $999 price tag, Morgan Stanley analysts expect the iPhone X’s sky-high demand may take $30 billion of spending which normally is saved for other holiday shopping goods, such as gadgets and apparel.

Milanesi’s two decades as a market analyst studying Silicon Valley have also given her insight into the lack of diversity in tech and among analysts. She wants to foster a new generation of role models of color who can inspire her mixed-race daughter.

While Milanesi does not have an engineering background (she studied American Studies in the United Kingdom), she says she has experienced in her line of business the same sort of sexism and ageism that plague many Silicon Valley companies.

This interview has been edited for clarity and length.

Q: It seems to be a jam-packed holiday season. What’s on your radar?

A: We had the recent launch of Xbox One X, and video game consoles linked to 4K TV will be interesting to watch. But the biggest thing will be the connected home devices, which are used in different ways. In the past, if you wanted to have a Sonos, you had to figure out where to put the speakers. Now, due to Apple’s HomePod (its release date has been pushed to 2018) and Google Home, these devices figure out the room with artificial intelligence, which is easier for the consumer.

Q: Let’s start with the Xbox One X, since it came out earlier this month. Are video games still popular during the holidays? What do you think about Xbox One X?

A: It’s interesting with the console games. There are PC gamers and console gamers, and the PC market is having a bit of a resurgence because you can play games that are not available on consoles and PCs are getting very powerful. But the reviews (for the Xbox One X) have been positive. The concern is that there is no talk about VR, and that left some consumers unhappy. I got my Xbox One X recently, and what blew me away is the quality of the picture. If you have a 4K TV, it blows your mind.

Q: Speaking of new products launched this month, let’s talk about the iPhone X. Do you expect the iPhone X to dominate, despite its supply shortage this year?

A: I do think the iPhone lineup across the board will play a big role in the holiday sales. One specific big hitter lately was the wireless headset. I think that we will see more attention around that. We are resigned to the fact that audio jack is disappearing because wireless is good enough now with its sound quality for consumers to be confident.

I do think that the supply for the iPhone X is going to pick up. But it’s not all going to be all about iPhone X. People were waiting to see if they want the X or the 8. Some will choose what they already know. The other reason is the size: There is more screen in the iPhone 8 Plus. If you’ve been used to the Plus, (the iPhone X) takes some time to get used to.

But the iPhone X is unique. The smartphone market has been somewhat boring, so this change is good. It is pushing other vendors to start generating more excitement to this market.

Q: What do you see regarding smart speakers in general?

A: Your first decision to buying a speaker would be, do you want sound quality, or do you want an assistant? And then you’ll decide the price point. I have more speakers in my house than we do people, and I noticed something interesting: My 10-year-old daughter asks different things to different speakers. When she is asking for general searches, she asks for Google Assistant. When she wants music, she asks for Amazon Alexa or Siri. When it comes to certain games, she splits between Alexa and Google Assistant. That’s where we are right now, and you’ll figure out what you prioritize and how much you’ll want to pay, more or less.

Q: What about wearables, like Apple Watch and Fitbit? Apple Watch released a new version with cellular connectivity, and Fitbit released its first smartwatch, the Ionic.

A: Despite creating a smartwatch, Fitbit is still fitness-first. It is really Fitbit and fitness, versus Apple Watch, which is also fitness but includes app notifications and others. I’m still skeptical on the new Apple Watch with cellular; the new Watch is still limited. But since I got the Watch, I don’t feel like I need the iPhone near me at all times like before. I think I have not cut the umbilical cord to the iPhone, but it’s been extended.

Q: And now, I wanted to turn the subject a bit to what you do. What makes you qualified to talk about what product or company is hot and what is not? What exactly does a market analyst do?

A: I think the analyst job is really different depending on what you cover. There are those who cover the enterprise side, and there are those who cover the business side, influencing business decisions for companies. What we do is to comment to the press on market trends, identify the players. But the way we earn a living is by working with the companies to look at the market and making decisions and understanding opportunities opening up in the market.

Q: When I speak to analysts, nearly all are white, American males. You are an Italian woman who studied in the United Kingdom. As tech reckons with its diversity problems, which you have written about extensively in the past, what is it like in the analyst industry?

A: It is a very male, white world for sure. You do have to work harder as a woman. When my daughter was born in 2007, it was a given that I would not work as hard. I felt really angry by that claim, so I tried to be as committed and worked twice as hard. My daughter was born in December 2007, and I was in China by March (2008) for my work.

I think the analyst industry is lagging in age, gender and race. It’s not representative of how the business and tech worlds are changing. Another part that really concerns me is that I don’t see young people coming in. I’m 48, and my new colleagues are all my age. There is no new generation of analysts that are respected and entrenched who are in their 20s and 30s. There are a lot of young, smart people out there. But generally, people seem to have a problem when younger people know more than you do.

Carolina Milanesi

Age: 48

Position: Principal Analyst at Creative Strategies.

Hometown: Pavia, Italy.

Education: B.A. in American Studies from the University of Reading in the U.K. and a Masters in Psychological Research Methods.

Previous employers: Head of Research at Kantar Worldpanel and VP of Consumer Devices at Gartner.

Family: Married to Greg, with one daughter, Grace.

Five facts about Carolina Milanesi

1. She has 255 pounds’ worth of dogs: a Bullmastiff called Bodhi and a Cane Corso called Dharma. She earned an American Kennel Club obedience title with Dharma.

2. She taught Italian while in college in the U.K.

3. She is currently reading the book “Mindset” by Carol Dweck.

4. She is a “Girls on the Run” coach.

5. She is a pretty good cook. Her best dishes are Tiramisu and candied yams.

Seung covers Apple and personal technology for the Bay Area News Group. He was previously a technology reporter for Newsweek and a weekly columnist for the San Francisco Examiner. Seung grew up in Los Angeles and graduated from UC Berkeley.